Oaks Properties LLC sold the 108-unit Oaks California Drive at 1203 California Dr. in Saint Paul, MN to Hornig Companies, Inc. for $7.5 million, or approximately $69,000 per unit.

The 105,343-square-foot apartment community consists of studio and one-bedroom units across nine buildings. It was built in 1949 in the Como Park submarket of Ramsey County.

Lance Steiger of Cushman & Wakefield / NorthMarq represented the seller.

Please see CoStar…

from Minneapolis Commercial Real Estate News From CoStar Group http://ift.tt/1CW6Ix8
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